Bumitama CPO Production Grows 7.7%

Bumitama CPO Production Grows 7.7%

SINGAPORE (Indonesia Today) – Bumitama Agri Limited, a plantation company controlled by Indonesian and Malaysian business groups, produced 160,092 MT of crude palm oil (CPO) in the fourth quarter of 2013, grew by 7.7% from 148,690 MT in the same period of 2012. Then,...
Palm Oil Rebounds

Palm Oil Rebounds

JAKARTA (Yosefardi) – The benchmark April 2014 contracts of crude palm oil (CPO) recovered RM42 to RM2582 per ton Monday (January 20) after several days of corrections. March 2014 contracts also regained grounds RM26 to RM2571 per ton on Bursa Malaysia...

CPO Prices Declines 18% in 2013

JAKARTA (Yosefardi) – Joko Supriyono, secretary general of the Indonesian Palm Oil Association (Gapki), said crude palm oil (CPO) prices declined 18% to US$841.67 per metric ton in 2013, compared to US$1,028.40 per metric ton in 2012. He said global economic...
Palm Oil Falls Further to RM2541

Palm Oil Falls Further to RM2541

KUALA LUMPUR (Yosefardi) – The benchmark March 2014 contracts of crude palm oil (CPO) declined further by RM20 to RM2541 per ton on Bursa Malaysia Derivatives despite reports about falling stockpile. April 2014 contracts also lost RM19 to RM2550 per ton...